Luther Burbank Corporation announced that Mr. M. Max Yzaguirre has been appointed to the Luther Burbank Corporation and Luther Burbank Savings Boards of Directors (the ?Boards?). He will serve on the Audit and Risk Committee and on the Compensation Committee, effective January 2, 2022. Mr. Yzaguirre?s experience includes domestic and international business, government and law as well as expertise in a wide variety of industries and sectors. He currently serves on the Board of Directors of Aris Water Solutions Inc. and is Chairman of their Compensation Committee. Mr. Yzaguirre formerly served on the Boards of Directors of BBVA USA Bancshares Inc. and BBVA USA Bank, on the Board of Directors of Texas Regional Bancshares and on the Board of Directors of Texas State Bank.